September 2009

14

I was shocked to notice when I checked in on one of my favorite all time investments that lawyers are looking for a lead plaintiff for a class action suit. Is nothing sacred? Now I know there are times when CEO's run companies into the ground or give out false information to shareholders. We do need lawyers to go after these bankrupt companies. I don't know why since nothing is left by then for shareholders. If the company is still viable then the suite would just wreck it further and cause the insiders to run with what's left. But we do need lawyers to get onto these companies! [more]

6

Amedisys stock had climbed almost 40% (average for the market) from it's March low through September 3. Abruptly it gave most of that climb back this morning, in one rapid movement, when it announced, before the opening bell, that the President/Chief Operating Officer and the Chief Information Officer had both resigned rather abruptly, (to pursue other interests). The share price IMMEDIATELY dropped 25% and analysts immediately lowered their ratings. [more]

Recs

6

I wrote a lengthy pitch today (par for the course for me) on a company that briefly popped onto the top five loser board today. It ssems the armour was pierced on this little company after an equity offering. Having so much fun on the boards with one of our favorites Modovox.OB, I thought I'd toss up VirnetX Holding Corp (VHC) for a wider review...... [more]